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    5235 Summit St Toledo, OH 43611

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, ample parking.

    Lot size:
    23,661 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This Toledo, Ohio retail property at 5235 N Summit St offers 23,661 square feet of space, with 14,023 square feet currently vacant. The property is a multi-tenant storefront building situated on a 1.15-acre lot and includes 51 parking spaces. Divisible units range from a minimum of 1,080 square feet to a maximum contiguous space of 8,558 square feet, providing flexibility for various retail businesses. The building features large storefront windows, allowing for abundant natural light and high visibility from the street. Its contemporary design and well-maintained exterior create a professional and inviting atmosphere. The property's strategic location in Toledo, Ohio, zip code 43611, ensures high traffic volume and excellent exposure for tenants. This adaptable space is ideal for businesses seeking a prominent location with ample parking and a versatile layout to suit their specific needs. The property is ready for immediate occupancy, presenting a unique opportunity for growth and success in a thriving commercial district.

    Property Features for 5235 Summit St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,661 SF

    Unit(s) available at that property

    Space
    CARVE
    Size
    6,974 SF
    Space
    DOCK
    Size
    7,049 SF

    HighLights

    • Flexible floorplan ideal for retail or strip center use.
    • Ample parking available.
    • High visibility location ensures strong foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery Dollar General Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.4799412
    Latitude
    41.7174617

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, ample parking.
    Where is this retail property located?
    The property is located at 5235 Summit St Toledo, OH.
    What are key features of this property?
    This property features: Flexible floorplan ideal for retail or strip center use.; Ample parking available.; High visibility location ensures strong foot traffic.
    Request Owner's contact information
    5235 Summit St Toledo, OH 43611
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    Toledo, OH 43611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5235 Summit St Toledo, OH 43611
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